Banks on trial and 'convicted' - This is Money Show

When banks brought down the global economy in 2007/08, Iceland jailed the bankers responsible.In Britain meanwhile, taxpayers gave our bankers getting on for £200 billion to be paid for by cutting spending on police, armed forces and the benefits of disabled people.We also commissioned a report into multiple scandals committed at HBOS bank that has taken seven years of writing.The report came out this week. It's damning and 'convicts' the bosses responsible - but will anything happen to them?Probably not.HBOS is the abbreviated cover for Halifax, Bank of Scotland, Lloyds and scandal. This is Money's Rachel Rickard Straus and Lee Boyce despair as they pore of over the revelations in the report. Also this week, with Share Radio presenter Georgie Frost:The great new smart meter rip offThe worst ever cash Isa rates from Government-owned NSandI Bad deflation - what's that and is it heading our way?Britain v Germany - who's winning the supermarket price wars? Surprisingly expensive carsand David BeckhamFollow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.